Moneycontrol Bureau
Direct-to-home (DTH) service provider Dish TV India's second quarter net loss widened to Rs 48.6 crore from Rs 45.2 crore in the year ago quarter due to higher expenses and a foreign exchange loss. Revenue for the second quarter was up 48% from a year ago at Rs 482.3 crore, Dish TV said Wednesday. The company said second quarter earnings were negatively impacted by foreign exchange loss of Rs 30.4 crore. "In line with our expectations, Dish TV moved closer to attaining bottom line profitability but for the loss due to foreign exchange fluctuation," MD Jawahar Goel said. Dish TVDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
